Posted 10/31/2023, 12:00:43 AM
15 Years of Bitcoin: From Anti-Wall Street Beginnings to Wall Street Adoption
- Bitcoin white paper by Satoshi Nakamoto published 15 years ago on Oct 31, 2008 during financial crisis
- Bitcoin aimed to be decentralized peer-to-peer system, contrasting failing Wall Street institutions
- Early Bitcoin adoption was small - buying pizza, trading cards, price spikes
- Wall Street now getting involved, via ETFs, derivatives, aiming to bring crypto mainstream
- Question is will users trust Wall Street in crypto, or want to stay decentralized as Satoshi envisioned